PANews reported on June 11 that according to the People's Daily, Li Chenggang, International Trade Negotiator and Vice Minister of Commerce, said in London that China and the United States had conducted professional, rational, in-depth and candid communication during the first meeting of the China-US economic and trade consultation mechanism. The two sides have reached a framework in principle to implement the consensus reached by the two heads of state on their phone call on June 5 and the consensus reached in the Geneva talks.